Kintayl Capital LP purchased a new stake in shares of Carnival Corporation (NYSE:CUK - Free Report) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 40,616 shares of the company's stock, valued at approximately $712,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Aristeia Capital L.L.C. grew its position in Carnival by 13.5% during the fourth quarter. Aristeia Capital L.L.C. now owns 12,130,485 shares of the company's stock worth $273,057,000 after buying an additional 1,445,944 shares in the last quarter. Norges Bank bought a new stake in shares of Carnival during the 4th quarter valued at about $132,714,000. Arrowstreet Capital Limited Partnership grew its holdings in shares of Carnival by 4.7% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,061,521 shares of the company's stock worth $68,915,000 after purchasing an additional 136,764 shares in the last quarter. Renaissance Technologies LLC increased its position in shares of Carnival by 2.2% in the fourth quarter. Renaissance Technologies LLC now owns 2,673,700 shares of the company's stock worth $60,185,000 after purchasing an additional 58,600 shares during the last quarter. Finally, Voloridge Investment Management LLC purchased a new stake in Carnival in the fourth quarter valued at approximately $16,380,000. 23.80% of the stock is owned by hedge funds and other institutional investors.
Carnival Price Performance
Shares of Carnival stock traded up $0.11 on Wednesday, hitting $26.51. 1,985,625 shares of the company traded hands, compared to its average volume of 1,889,259. Carnival Corporation has a 12-month low of $12.65 and a 12-month high of $27.59. The company has a current ratio of 0.34, a quick ratio of 0.30 and a debt-to-equity ratio of 2.58. The company has a market cap of $4.99 billion, a P/E ratio of 14.33 and a beta of 2.70. The firm's 50-day simple moving average is $22.42 and its 200 day simple moving average is $20.92.
Carnival (NYSE:CUK - Get Free Report) last announced its quarterly earnings data on Tuesday, June 24th. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.24 by $0.11. The firm had revenue of $6.33 billion for the quarter, compared to analyst estimates of $6.21 billion. Carnival had a return on equity of 27.88% and a net margin of 9.72%. Analysts expect that Carnival Corporation will post 1.7 earnings per share for the current fiscal year.
Carnival Profile
(
Free Report)
Carnival Plc operates as a global cruise and vacation company. The firm offers holiday and vacation products to a customer base that is broadly varied in terms of cultures, languages and leisure-time preferences. It operates through the North America and Australia (NAA), Europe and Asia (EA), Cruise Support, and Tour and Other segments.
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